An equal exchange; SYN. swap, swop, trade, quid pro quo.
Exchange of goods or services without the use of money. Exchanging ships for oil would be an example of barter. Children swapping cards is another example. On an international level, there are many instances of barter today.
For example, a deal between Saudi Arabia and British Aerospace involved British Aerospace exchanging fighter planes for Saudi oil.
The practice of exchanging goods or services without using the medium of money.
ETYM Old Eng. eschange, eschaunge, Old Fren. eschange, from eschangier, French échanger, to exchange; pref. ex- out + French changer. Related to Change, Excamb.
1. The act of exchanging one thing for another.
2. The act of giving something in return for something received.
3. Reciprocal transfer of equivalent sums of money especially the currencies of different countries; SYN. interchange.
4. A mutual expression of views (especially an unpleasant one).
5. A place for buying and selling; open only to members.
6. Chemical process in which one atom or ion or group changes places with another.